Tuesday 24, April 2012 by Robin Amlôt

Saudi Electricity Company successfully closed $1.75 billion international Sukuk

Saudi Electricity Company, rated A1/AA-/AA- (all Stable) and the largest utility in the Middle East, has announced the successful closure of a $1.75 billion dual-tranche Sukuk issue, comprising $500 million with a five year maturity and $1.25 billion with a 10 year maturity.

Features & Analyses

Technology Lighting up off-grid

By supplying personal solar energy systems through mobile operator partnership, Lumos is striving to reach tens of thousands of Nigerians… read more